Director/PDMR Shareholding

RNS Number : 5676O

Drax Group PLC

21 August 2017

 

21 August 2017

Drax Group plc

("Drax" or "the Company")

Symbol: DRX

Notification of Transactions of Directors,

Persons Discharging Managerial Responsibility or Connected Persons

Further to the announcement made on 19 July 2017, Drax confirms that David Nussbaum joined the Company as a non-executive director on 1 August 2017 as planned.

David Nussbaum has notified the Company that on 18 August 2017 he purchased 7,500 ordinary shares in Drax at a price of 315.0344 pence per share.

The shares are to be registered in his own name and the total number of ordinary shares in which David Nussbaum has an interest following this acquisition is 7,500.

The information below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation 596/2014 notification and is in respect of ordinary shares of 11 ¹⁶/₂₉ pence each in the share capital of the Company of which there were 406,862,155 shares in issue at the time of the dealing.

Details of PDMR / person closely associated with them ("PCA")
Name	David Nussbaum
Reason for the notification
Position / status	Non-executive director
Initial notification / amendment	Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Drax Group plc
LEI	n/a
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument Identification code	Ordinary shares of 11 16/29 pence GB00BIVNSX38
Nature of the transaction	Purchase of shares
Price(s) and volume(s)	Price(s) Volume(s) 315.0344 7,500
Aggregated information -      Aggregated volume -      Price
Date of the transaction	2017-08-18
Place of the transaction	London Stock Exchange

David McCallum

Company Secretary

--ENDS--

 

END

 

 

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